Digital Look broker talk - UPDATE

14th Nov 2011 10:39

Premier Foods: "The banks overriding priority must be to get their money back as quickly as possible and whilst this requires Premier to make profits/ generate cash, we are concerned that the interests of equity shareholders are now subordinate" [UBS].Electrocomponents: "With the rating at the low end of its valuation range the share price is discounting quite a lot of poor news. The stock remains well financed and has yield attractions" [Singer Capital Markets].Lonmin: "While we don't believe that this is a share which investors need to own immediately, the recent share price weakness has generated an opportunity for the longer term investor" [Evolution Securities].ITV: "...depending on market sentiment today and comments on next year (1Q looks tough), there is probably enough positive comment on cash/studios to imply shares react marginally positively today" [Investec].International Consolidated Airlines: "The oil price and sluggish economic growth is likely to continue to weigh on the company in the nearer term. However, the investor day confirmed the substantial long-term opportunity the shares offer" [Nomura].